The acquisition of The St. Regis Atlanta came about after a traveling executive stayed the night at the luxury Buckhead hotel and was more than a little impressed.
Easlan Capital represents CG Northchase, LLC on the acquisition of Northchase Office Park - a 160,000 square foot office park located in Marietta, Georgia. The property was acquired from LNR Partners acting on behalf of a lender. Easlan Capital is a partner in the ownership and will handle leasing and marketing for the new ownership. For more information - contact Todd Syprett.
The sale was announced Feb. 16. Terms haven’t been disclosed, but the hotel alone probably sold for $300,000 to $350,000 a room, or up to $52 million, according to industry observers.
In March of 2007, Easlan Capital of Atlanta, Inc. presented an apartment development package to the Atlanta office of Morgan Stanley for the purpose of raising equity to develop 1500 apartment units across the Southeast. Morgan Stanley informed Easlan at that time that they were creating a fund to invest in the multifamily new development market for its investors and that Easlan would be a logical candidate to become their first multifamily development partner in the southeast.
Easlan Capital of Atlanta, Inc. was responsible for the rezoning and site planning and will continue to own, manage, and lease the existing adjacent office building as well as the retail within Alta Glenridge Springs once it is completed.
Easlan Capital closes 1455 Lincoln Parkway, a 180,000 SF Class "A" office building located in north Atlanta's premier Central Perimeter Submarket. 1455 Lincoln offers signage visibility along I-285 and quality amenities for its tenants including cafe, fitness room, confernce rooms and parking deck.
Once again, Novare Group Holdings LLC and Wood Partners have teamed up to provide housing opportunities in one of Atlanta's booming residential markets.
Easlan Capital closes Peachtree Northeast Business Park located in Peachtree Corners. This 44,000 square foot multi-tenant office/flex project is strategically located along Jimmy Carter Blvd. At the time of sale, the property was a bank owned asset.
Owners of a Mercedes-Benz dealership are driving off of a prime Buckhead location to make room for a high-end hotel.
Tight quarters and concerns over stormwater management bring unusual challenges to a retail project near Cumming, Ga.
In many of Atlanta's northern suburbs, retail projects are the bread and butter of many commercial contractors. As populations grow, demand for such projects increases — and one that's currently under construction is the Shops of Windermere, a project being developed by Easlan Capital of Atlanta, Inc., near Cumming, Ga.
The Atlanta office of Easlan Capital has begun site work on two retail developments totaling approximately 117,000 square feet of space in Douglasville and Milton. In Douglasville, The 81,000-square-foot Village at Chapel Hill, which is located at the intersection of Chapel Hill and Stuart Mill roads, will be anchored by a 45,000-square-foot LA Fitness. Atlanta-based CNNA Architects is providing the architectural services for the open-air development that is slated for completion in June 2009.